How a Judgment Can Impact You and Your Business

 A judgment can have far-reaching effects, both personally and professionally. At Wilkie Puchi LLP, we understand these challenges and are dedicated to minimizing the impact on your life and business.

Personal Consequences

  • Wage Garnishment: A court order allowing creditors to take a portion of your paycheck directly, leaving less for daily living expenses.

  • Bank Levies: Frozen or seized funds can disrupt bill payments and financial planning.

  • Credit Score Damage: Judgments remain on credit reports for up to seven years, limiting access to loans or housing opportunities.

Business Implications

  • Asset Seizures: Equipment, inventory, or accounts receivable may be targeted to satisfy debts.

  • Damaged Reputation: Public records of judgments can deter clients, partners, or investors.

  • Operational Disruption: Legal actions may divert time and resources away from business growth.

How Wilkie Puchi LLP Can Help

Our attorneys offer tailored strategies to:

  • Negotiate with creditors to reduce judgment amounts.

  • Protect exempt assets from seizure.

  • Mitigate credit score damage through legal remedies.

Take Action Today

Don’t let a judgment derail your future. Contact Wilkie Puchi LLP to explore your options and take the first step towards recovery

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Default Judgments: Eye-Opening Statistics in Arizona and New York